Term
|
Definition
| "popular theory in the late 19th and early 20th Century. States that people and groups follow the process of natural selection. Life is the struggle for existence, in which the fittest survive. Justification for unchecked capitalism" |
|
|
Term
|
Definition
| "economic system based on the private ownership of the means of production and distribution of goods, characterized by a free competitive market and motivation by profit" |
|
|
Term
|
Definition
| The principle of no regulation of industry; refusal to interfere |
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
| A tax levied by a government on imported or exported goods. |
|
|
Term
|
Definition
| Laws that oppose cartels and monopolies and unfair business practices |
|
|
Term
|
Definition
| A situation in one company controls and industry or is the only provider of a product or service |
|
|
Term
|
Definition
| "control or dominating influence by one person or group, especially by one political group over society or one nation over others." |
|
|
Term
|
Definition
|
|
Term
|
Definition
| "An argument that claims that Òbecause something is part of our nature, it is therefore good.Ó *" |
|
|
Term
|
Definition
| An argument that claims that Òsomething which is morally wrong could not be part of human nature.Ó * |
|
|
Term
| Òsurvival of the fittestÓ |
|
Definition
| famous line by Herbert Spencer regarding Social Darwinism |
|
|
